A great opportunity for investors, developers and builders. This property is being sold for land value only although it is leased and generates an income. This 25' x 130' CC-MH (City Centre Multi-Residential High Rise District) zoned property allows to build up to 7 FAR (Floor Area Ratio). It is located on a quiet tree-lined street, very close to the parks, schools, grocery and a walking or biking distance to work. There are long -term tenants which helps in off-setting the holding costs. The property is being sold on an "as is where is" basis. Please do not approach tenants. Call the listing agent for further details.
|Price Reduced (from $850,000)||$799,000||$51,000 (6.00%)|
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on May 23rd, 2018 at 4:45am MDT.